Security News

May 23, 2019

NASA chooses technology firm Maxar for lunar platform project

This post was originally published on this siteNASA has picked space technology company Maxar Technologies Inc as the first contractor to help build its Gateway platform in lunar orbit, a crucial outpost for America’s mission to relay astronauts to the moon in 2024, the U.S. agency said on Thursday.
May 23, 2019

Self-driving startup Aurora to buy lidar company Blackmore

This post was originally published on this siteSelf-driving car startup Aurora Innovation Inc said on Thursday it would buy Montana-based Blackmore, a company that develops a detection system known as lidar, used in self-driving technology.
May 23, 2019

U.S. Congress considers whether to require car child alerts

This post was originally published on this siteAutomakers would be required to install technology on new vehicles that alerts exiting parents to check for children in the back seat under legislation introduced in Congress in response to deaths of children left behind in hot cars.
May 23, 2019

Bids in Germany’s 5G auction already top 6 billion euros

This post was originally published on this siteGermany’s auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far.
May 23, 2019

Musk’s leaked email shows Tesla to make record deliveries in second quarter

This post was originally published on this siteTesla Inc is on course to deliver a record number of cars in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an internal email from Chief Executive Officer Elon Musk to staff.
May 23, 2019

Tesla deliveries set to top record in second quarter: Musk email

This post was originally published on this siteTesla Inc is on course to top its record for quarterly deliveries in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an email from Chief Executive Officer Elon Musk to staff.
May 23, 2019

Safaricom, Vodacom plan $13 million purchase of M-Pesa rights from Vodafone

This post was originally published on this siteKenya’s Safaricom will start a joint venture with Vodacom to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain’s Vodafone, Safaricom’s CEO said on Thursday.
May 23, 2019

Pompeo says Huawei CEO lying over ties to China government: CNBC

This post was originally published on this siteU.S. Secretary of State Mike Pompeo said on Thursday the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government, and he believed more American companies would cut ties with the tech giant.
May 23, 2019

China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains

This post was originally published on this siteChina said the United States needs to correct its “wrong actions” in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled through global supply chains and battered technology shares.
May 23, 2019

Veteran German auto boss joins board of U.S. self-driving software startup

This post was originally published on this siteA company working to make open-source self-driving software reliable enough to be used in commercially available vehicles said it had hired a former German car boss as it seeks to expand its reach.
May 23, 2019

U.S. smartphone financing tech startup PayJoy raises $20 million

This post was originally published on this sitePayJoy, a startup that has developed smartphone technology to facilitate access to credit in emerging markets, has raised $20 million from venture capital firm Greylock Partners, the company said on Thursday.
May 23, 2019

U.S. Secretary of State Pompeo says Huawei CEO lying over ties to government: CNBC

This post was originally published on this siteU.S. Secretary of State Mike Pompeo said on Thursday the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government, and he believed more U.S. companies would cut ties with the tech giant.
May 23, 2019

Russia’s MTS weighs possible impact from U.S. move against Huawei

This post was originally published on this siteRussia’s biggest mobile phone operator MTS is evaluating the possible impact of U.S. sanctions against China’s Huawei Technologies Co Ltd, Chief Executive Officer Alexei Kornya said on Thursday.
May 23, 2019

China calls out U.S. ‘wrong actions’ as Huawei ban rattles supply chains

This post was originally published on this siteBeijing said Washington needs to correct its “wrong actions” for trade talks to continue after the U.S. blacklisted Huawei, a blow that has rippled through global supply chains and battered tech shares as investors feared a looming technology cold war.
May 23, 2019

PC maker Lenovo books fourth-quarter profit surge, says production unaffected by trade war

This post was originally published on this siteTech giant Lenovo Group Ltd on Thursday reported a market-beating three-fold surge in quarterly profit helped by strong personal computer (PCs) sales, and said its production plans had not been affected by the ongoing Sino-U.S. trade war.
May 23, 2019

Demand for fiber broadband to watch Netflix boosts UK’s TalkTalk

This post was originally published on this siteBritish broadband provider TalkTalk reported a 17% rise in full-year core earnings to 237 million pounds ($300 million), in line with expectations, as it benefited from lower costs and customers switching to faster fiber products to watch video.
May 23, 2019

China says lodged solemn representations with U.S. over Huawei

This post was originally published on this siteChina said on Thursday it had lodged solemn representations with the United States after it blocked Chinese telecoms equipment maker Huawei from buying U.S. goods, a major escalation in the trade war between the two countries.
May 23, 2019

ARM supply halt deals fresh blow to Chinese tech giant Huawei

This post was originally published on this siteBritish chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company’s ability to make new chips for its future smartphones.
May 22, 2019

Lenovo fourth-quarter profit surges more than three-fold on strong PC sales

This post was originally published on this siteChina’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world’s largest personal computer (PC) maker to beat market expectations.
May 22, 2019

Panasonic says on its China website it is supplying Huawei normally

This post was originally published on this siteJapan’s Panasonic Corp said on its China website on Thursday it continues to supply Huawei Technologies Co Ltd normally.
May 22, 2019

Chinese travel site Mafengwo raises $250 million in Tencent-led funding round

This post was originally published on this siteChinese travel site Mafengwo said it has raised $250 million in a funding round led by Tencent Holdings Ltd as it expands in the booming online travel market.
May 22, 2019

Taiwan’s TSMC says chip shipments to Huawei not affected by U.S. ban

This post was originally published on this siteTSMC, the world’s biggest contract chipmaker, said on Thursday its shipments to China’s Huawei Technologies Co Ltd are not affected by U.S. action aimed at curbing the telecom equipment maker’s access to American technology.
May 22, 2019

U.S. urges South Korea to reject Huawei goods, citing security risks: Chosun Ilbo

This post was originally published on this siteThe U.S. government is lobbying South Korea not to use Huawei Technologies Co Ltd products, a South Korean newspaper reported on Thursday, amid a wider push by Washington to get its allies to reject the Chinese tech firm’s goods.
May 22, 2019

U.S. lawmakers want to help rural telecoms replace Huawei, ZTE equipment

This post was originally published on this siteA bipartisan group of U.S. lawmakers introduced legislation on Wednesday to provide about $700 million in grants to help U.S. telecommunications providers with the cost of removing Huawei equipment from their networks.
May 22, 2019

Uber to open third Latin America support center in Bogota

This post was originally published on this siteRide-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, the company said on Wednesday.